Returning investor Tencent provided another $120m for the CRM software provider, which has now received $208m since it was founded.
Author: Callum Cyrus
PerimeterX protracts series C round to $57m
The cybersecurity software provider has received $14m from Deutsche Telekom Capital Partners and Salesforce Ventures and has now raised $91.5m to date.
Kabbage pinpoints Radius for acquisition
Kabbage is set to buy data analytics platform developer Radius, which had raised at least $137m from investors including Comcast, American Express, Salesforce and BBVA.
Ginger jumps to $35m series C
Returning investor Kaiser Permanente Ventures contributed to a round that brought on-demand behavioural health app developer Ginger’s lifetime funding to $63m.
Federated Wireless connects to $51m series C
The telecommunications spectrum provider has now raised $120m altogether, SBA Communications and American Tower contributing to its latest round.
Oct locks in series B funding
The construction organisation platform added funding from Salesforce Ventures, Globis Capital Partners and four regional banks to close the round at $22.6m.
Guiji Zhineng gets series B-plus cash
The Tencent-backed enterprise automation technology supplier has raised hundreds of millions of renminbi in a round led by CMB Telecom.
DMGT drives Cazoo’s latest round
Existing investor DMG Ventures has returned to back a $30.4m round for automotive e-commerce platform Cazoo, its second in nine months.
Investors slip $23m to Elliptic
SBI Group and Santander InnoVentures backed a series B round that boosted cryptocurrency security tool developer Elliptic’s funding to $30m altogether.
Beacon reignites Aspire’s series A round
Business banking services provider Aspire has disclosed that Kasikornbank-owned Beacon Venture Capital took part in the $32.5m series A round it announced last month.
Taiwan Life ties $50m to BVP Century Fund
Taiwan Life has provided capital for Bessemer Venture Partners’ Century Fund, one of a range of fund investments it has made in 2019.
Mahindra & Mahindra collects Meru Cabs
Mahindra & Mahindra has agreed to buy a 55% stake in BCC-backed Meru Cabs for $14.5m, in a deal that could reach more than $28m in total.
Credit Sesame lets in corporates for $43m
The Capital One and Symantec-backed consumer credit management platform has now raised $110m altogether, and the latest round will fund hiring and technology development.
Alibaba suspends India dealflow
Alibaba has reportedly put a temporary halt to deals in India to focus while it waits to achieve its first exit in the country.